Courtesy of Paragon Real Estate Advisors
The Fremont Peak Triplex is a fully renovated three-unit investment property located in the heart of Fremont. Originally built in 1914, the property underwent a comprehensive renovation in 2019, including full interior renovations to each unit as well as updates to the plumbing and electrical systems. Approximately 80% of the original windows were also replaced with dualpane, vinyl-framed windows, providing excellent natural light and stunning views of the Ballard Ship Canal and sunsets over the Olympic Mountains. Each unit was thoughtfully updated with LVP flooring, quartz countertops, modern bathroom vanities, and some have stainless-steel appliances. The property received additional improvements in 2022–2023, including a new roof and exterior paint. The triplex is comprised of a spacious two-bedroom, two-bathroom unit of approximately 1,150 SF, featuring a private deck and views; a one-bedroom, one-bathroom unit of approximately 600 SF; and a studio unit of approximately 500 SF. Each unit is equipped with a full kitchen appliance package, while the two-bedroom unit features its own in-unit washer and dryer. The one-bedroom and studio units share a common laundry room in the basement, provided free of charge to tenants. The basement also offers additional storage space, creating an opportunity for a future owner to generate additional income.
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